Deceuninck could regain its upward trend after having ran out of steam.

The group enjoys upward revisions in earnings per share and growth prospects. Moreover, EV/Sales ratio (0.58x for current year) is showing interesting valuation levels.

Deceuninck is in an uptrend in the medium and long term, although, the last bearish movement threw it back near a major support level (EUR 2.1). This threshold, if preserved, will enable the equity to start a rebound and recover the mid-term trend which is bullish.

Investors should buy the stock near EUR 2.1, to take advantage of a renewed upward acceleration in the direction of EUR 2.45. A stop loss will be placed at EUR 1.95.